Section
Markets, enterprise, and economic developments.
Lead story
The business community is advocating for a broad-based pricing mechanism to address high food prices and inflation impacts. Discussions aim to find a 'sweet spot' for consumers and businesses.
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The Caribbean Development Bank (CDB) remained quiet on the resignation of President, Dr. Hyginus ‘Gene’ Leon, who threatened legal action. No further comments were given at this time.
The US Senate has approved a bill to potentially ban TikTok in America, giving ByteDance 9 months to sell its stake. The bill awaits President Biden's signature.
The Barbados Light & Power Company showcased its ongoing support for the Caribbean Dyslexia Centre (CDC), providing funding and teaching tools. Managing Director Roger Blackman commended CDC's commitment to education.
President of Caribbean Development Bank, Dr. Hyginus ‘Gene’ Leon resigns abruptly, expressing lack of trust and fairness. Legal action threatened in resignation letter due to alleged violations. Situation remains unclear.
